On June 18th, New Era of Networks' stockholders approved the conversion of the company's remaining outstanding shares of common stock into the right to receive 0.3878 shares of Sybase common stock per share. Sybase had earlier acquired approximately 80% of the stock pursuant to an exchange offer that concluded on April 26th. New Era of Networks common stock shall no longer be publicly traded. New Era of Networks, now a wholly owned subsidiary of Sybase, shall be operated as part of the Sybase e-Business Division headed by Mr. Rick Adam as its President. New Era of Networks enables e-Business, with a suite of products designed to overcome the inherent language barriers of a company's various applications, systems, platforms, and protocols. As of 06/10/2001 New Era of Networks, Inc. is a wholly owned subsidiary of Sybase, Inc.